Gleneagles Global Hospitals on expansion mode

In its bid to emerge as a dominant player in clinical healthcare in the country, Gleneagles Global Hospitals will invest Rs 200 crore for expansion.

The hospital’s chairman K Ravindranath said, the investment is part of the strategy it has chalked out to become double its present size in the next five-seven years. It will focus on quality medicare, strengthen patient care and do frontier research,

“The partnership with Gleneagles will help to offer global services as they are the second-largest healthcare group in the world,” Ravindranath said.

Gleneagles Global Hospitals, a part of Parkway Pantai, a fully-owned subsidiary of Malaysia-based IHH Healthcare Berhad, now has 1,400 operational beds in its nine hospitals in Hyderabad, Bengaluru, Mumbai and Chennai.

Image credit : eveningstandard.in

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Specialty steel maker Mukand Ltd and Sumitomo Corp of Japan have come together to form a joint venture to set up a rolling mill in Karnataka. With an initial capacity of 3,75,000 tonnes per annum, the joint venture, Mukand Alloy Steel Pvt Ltd (MASPL), will set up a steel rolling […]
Mukand, Sumitomo JV to start steel rolling mill in K'taka

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